Bitcoin price quickly rebounds to reach $41,000 as market cap passes Tencent
Bitcoin even goes beyond Tesla’s market cap for a short time as bulls suggest the upwards momentum is not done even at $40,000. Go to Source Powered by WPeMatico
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Tencent joins forces with ShareRing to launch blockchain digital ID platform
Digital identification is the future. What role will blockchain play? Go to Source Powered by WPeMatico
Report: Blockchain Patents ‘Skyrocket’ in 2020, Alibaba Owns the Most Crypto Patents
A study from the team at Kisspatent shows that Alibaba Group is the largest blockchain patent holder in 2020 capturing 10x the number of patents held by IBM. The report notes that blockchain patents “are skyrocketing” this year and so far in 2020, there’s been more distributed ledger technology and cryptocurrency patents published than all … Read more
China’s national blockchain project to support DAML smart contract language
Digital Asset’s DAML will connect diverse blockchains on a national DLT project in China. Go to Source Powered by WPeMatico
China’s Digital Yuan to Reportedly Target Dominance of Alibaba and Tencent
China’s central bank may be planning to use its digital currency to curb the dominance of Alibaba and Tencent in the digital payments sector. Go to Source Powered by WPeMatico
Tencent Builds Blockchain Platform for China’s Oldest Wine Producer
Tencent to build a blockchain-based wine traceability platform for China’s oldest wine producer. Go to Source Powered by WPeMatico
Tech’s Antitrust Issues Flare Up on Both Sides of the New ‘Cold War,’ Report
At the request of the People’s Bank of China, Beijing could soon probe its digital payments monopolies, sources claim. Go to Source Powered by WPeMatico
China to Test Digital Yuan on Food Delivery Platform With 435 Million Users
China’s central bank may test digital yuan on Meituan Dianping’s food delivery platform with 435 million users. Go to Source Powered by WPeMatico
China’s Giant Ride-Hailing Service Didi to Pilot the Central Bank’s Digital Yuan
The Chinese government and the country’s central bank, the People’s Bank of China (PBoC), are currently in the midst of testing a digital yuan or central bank digital currency (CBDC). Now the Chinese ride-hailing corporation Didi Chuxing will be trialing the newly developed digital yuan in a “strategic partnership.” Whether people want to believe it … Read more
China Gets Its First Blockchain-Based Public Resource Bidding Platform
China’s Yunnan Province has developed the country’s first blockchain-based public resource bidding platform. Go to Source Powered by WPeMatico
